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The Greek short-cut referendum drama

This content was published on Jul 1, 2016 With a vote on the complex bailout terms in Greece this weekend, Europe and the world once again has to revisit its suboptimal handling of modern direct democracy.

Subsidies for childcare aim to boost workforce

This content was published on Jun 30, 2016 The cabinet has submitted a request to parliament, which will now be debated, for a system of financial incentives amounting to CHF100 million ($102.5 million) over five years. Childcare in Switzerland is notoriously expensive, with full-time care in the cities of Geneva and Zurich costing as much as 20% of a family’s income, compared to…

Democracy vs football: 1:1

This content was published on Jun 30, 2016 There is actually a significant correlation between a country’s level of democracy and the performance of its national football team.

Brexit worries for Swiss watchmakers

This content was published on Jun 30, 2016 “The British vote to leave the European Union, the so-called Brexit, is increasing uncertainty and putting pressure on the Swiss franc,” Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry, declared on Thursday ahead of the organisation’s annual meeting. The slowdown in the watchmaking industry that has been felt since mid-2015 should continue,…

Glencore paid $5 billion to foreign governments

This content was published on Jun 29, 2016 Glencore was forced to reveal the figures by a new European Union law that addresses allegations of tax dodging by the commodities industry and of corruption within the countries that the raw materials are mined. All of Glencore’s figures are characterized as above-board payments in line with international standards. Swiss pressure group Public Eye greeted…

Government approves GMO ban extension

This content was published on Jun 29, 2016 On Wednesday, the cabinet approved changes to the law on genetic engineering that would set in motion the extension of the GMO ban until 2021. The current moratorium would end in 2017 and the government acknowledges that more time and debate is required on the use of GMOs in Swiss agriculture. In 2005, the Swiss…

Swiss tourism industry ‘must be friendlier’

This content was published on Jun 29, 2016 The latest forecast by Zurich’s KOF Swiss Economic Institute predicts that this summer, overnight stays in Swiss hotels will rise by 1.4% compared with 2015, with 1.3% more Swiss guests and 1.5% more foreign visitors. Despite the positive projections in the face of the strong franc, a survey by hotel review portal Holidaycheck shows that…

Pictet private bank seeks to retain the family touch

This content was published on Jun 29, 2016 When pitching for wealthy Asian entrepreneurs as clients, it helps if your bank has your family name on its front door.

British interested in Swiss model to save Europe ties

This content was published on Jun 28, 2016 Post-Brexit Britain may opt for a Swiss-style solution – rather than a Norwegian model – to oversee relations with the EU.

Regulatory handcuffs will ‘kill 30% of Swiss banks’

This content was published on Jun 28, 2016 Every year, regulations drain the Swiss economy of 10% of its gross domestic product (GDP) – or CHF60 billion ($61.5 billion) – Ermotti said. Since the 2008 financial crisis, the financial industry has borne the brunt of new regulations, both in Switzerland and in other countries. “Switzerland can no longer afford this if it wants…

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Internal: Archive

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The Greek short-cut referendum drama

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Subsidies for childcare aim to boost workforce

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Democracy vs football: 1:1

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Brexit worries for Swiss watchmakers

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Glencore paid $5 billion to foreign governments

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Government approves GMO ban extension

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Swiss tourism industry ‘must be friendlier’

More

Pictet private bank seeks to retain the family touch

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British interested in Swiss model to save Europe ties

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Regulatory handcuffs will ‘kill 30% of Swiss banks’

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